Advisor Alert: Our Attorneys Are Investigating Patrick Donnelly For Investment Fraud
Did You Lose Money Because of Patrick Donnelly?
Filed: January 29, 2024
Patrick Donnelly has been the subject of two (2) customer complaints. As an investor, you may be entitled to compensation for losses accrued due to mismanagement of your investments.
Let’s begin our Patil Law Advisor Alert with a summary report on Patrick Donnelly.
Who Is Patrick Donnelly of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.?
- Advisor Name: Patrick Donnelly
- Aliases: Patrick Donnelly
- CRD: 2056698
- Location: Springfield, Massachusetts
- Current Employer: Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc.
- Previous Firms: UBS Financial Services Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated
- Number of Known Customer Complaints: 2
- Can Patrick Donnelly Be Sued: Yes, in Private Arbitration
- Can Patrick Donnelly’s Employers Be Sued For Failing to Supervise Actions: Yes, in Private Arbitration
- Highest Damages Allegation: $266,000
- Highest Settlement: $100,000
If you have suffered investment losses by Patrick Donnelly, we strongly encourage you to exercise your rights to experienced legal representation. Recover what is owed to you by retaining a failure to supervise lawyer. Reach out to the legal team at Patil Law, P.C. via the secure online form or call the firm directly toll-free at 1-800-950-6553.
Customer Complaints Filed Against Patrick Donnelly For Broker Misconduct
As of this publication date, Patrick Donnelly has been the subject of 2 customer disputes. Let’s review them below.
In December 2014, a FINRA arbitration was filed against or in reference to Patrick Donnelly by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging failure to execute orders; breach of fiduciary duty; misrepresentation; omission of facts; breach of contract; and negligence. Per the customer, he/she lost over $141,000 because of Mr. Donnelly’s actions. On December 9, 2015, Mr. Donnelly settled the claim for $45,000, and some or all of this amount may have been paid by Mr. Donnelly’s employer and/or insurance carrier.
In February 2002, a NASD arbitration was filed against or in reference to Patrick Donnelly by a customer of Merrill Lynch, Pierce, Fenner & Smith Incorporated alleging unsuitable trading and unauthorized use of margin. Per the customer, he/she lost over $266,000 because of Mr. Donnelly’s actions. On June 17, 2005, Mr. Donnelly settled the claim for $100,000, and some or all of this amount may have been paid by Mr. Donnelly’s employer and/or insurance carrier.
How To File A Claim Against Patrick Donnelly of Raymond James Financial Services, Inc. and Raymond James Financial Services Advisors, Inc. (previously with UBS Financial Services Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated) To Get Your Money Back
If you have questions about Patrick Donnelly, Raymond James Financial Services, Inc., Raymond James Financial Services Advisors, Inc., UBS Financial Services Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, or the management or performance of your accounts, please contact Attorney Patil for a free initial consultation via email or toll-free at 1-800-950-6553.